Coronavirus and Its Impact on FP&A: Scenario Planning for the Worst While Hoping For the Best

Webcast Overview

Will novel coronavirus (COVID-19) end up being a panic or a pandemic? Stocks are already falling, industries are losing billions, international travel is limited, and shoppers in affected areas are leaving shelves barren… but maybe this will turn out to be more hype than people are currently fearing.

One thing is sure, though: what we planned for at the start of 2020 will not be happening, at least, not exactly. The numbers we budgeted for this fiscal year will be incorrect, and we must be able to explain those numbers and have alternate forecasts ready-at-hand.

The secret to businesses surviving this threat to their future is a combination of scenario planning (so we have different plans depending on how severe this ends up being) and narrative reporting (so we can explain all the differences to our original plan).

In this timely presentation, interRel CEO, Edward Roske, will explain how to rapidly prepare the two most important scenarios, so your FP&A department and your entire company will be prepared for the coming disruption that COVID-19 will bring.

There is no time to waste. We can’t predict the future, but we can plan for it. Register today.